Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Argentine Peso/Colombian Peso (FOREX:ARSCOP)
Strong Downtrend (-100) - ARSCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ARSCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSCOP
The long-term trend has been DOWN since Oct 4th, 2021 at 38.495586
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 39.837556
The short-term trend has been DOWN since Oct 3rd, 2021 at 38.898499
Smart Scan Analysis for ARSCOP
Based on our trend formula, ARSCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).